What is Motorcycle Insurance and its types
Motorcycle insurance is an agreement between a motorcycle insurance company and a motorcycle owner. The insurance plan is similar to auto insurance. People get motorbike insurance for financial protection in the events of loss or accidents. In most of the countries it is illegal to drive motorbike without having proper insurance. Mopeds, Golf carts, Scooters, Snowmobiles an AVT come under the umbrella of motorcycle insurance. There are different typical and specialized insurance plans available. You should select insurance plan according to your financial needs.
Collision and Comprehensive Insurance
In collision and comprehensive insurance plan the insurance company is responsible to pay for the replacement or repairing of the motorbike. The best thing in this plan is that if your bike is stolen or damaged due to accident then you will get claim whether it was your fault or others.
Bodily Injury and Property Damage Liability Insurance
In bodily injury and property damage liability insurance plan insurance company is responsible to pay if someone is injured due to your fault or property is damaged due to your bike but there is a certain limit that you have to decide when you are going to but insurance policy.
In medical insurance plan the insurance company is responsible to pay your medical bills when you got injury due to motorbike accident. Some companies are providing medical insurance for limited period of time. In this plan you have to select the amount of medical insurance before buying insurance policy.
Under-insured or Uninsured Motorist Insurance
In under-insured or uninsured motorist insurance the insurance company is responsible to pay for medical expenses when you got accident with the fault of person that does not have insurance.
Emergency Support Insurance
In emergency support insurance the insurance company is responsible to pay for the labour and repairing charges if your motorbike got some problem when there is no shop around you.
To get free quote Click the link given as Liverpool Victoria Insurance Company